Bill Williams’ Indicators Analysis 02.06.2014 (USD/CAD, NZD/USD)

02.06.2014

Analysis for June 2nd, 2014

USD CAD, “US Dollar vs Canadian Dollar”

At H4 chart of USD CAD, Alligator and D Alligator are moving downwards. AO and AC are in grey zone; there might be Squat bar on the MFI. I expect slight breakout of fractals to the downside.



At H1 chart of USD CAD, Alligator is sleeping. AO and AC are in red zone; there is Green bar on the MFI and might be Squat one too. I expect slight breakout of fractals to the upside.




NZD USD, “New Zealand Dollar vs US Dollar”

At H4 chart of NZD USD, Alligator is moving downwards. Indicators are in red zone; there is Fade bar on the MFI, but might be Squat one too. Bullish fractal may reach Alligator’s teeth (red line).



At H1 chart of NZD USD, Alligator is still moving downwards. AO and AC are in grey zone; there is Fade bar on the MFI and might be Squat one too. I expect slight breakout of fractals to the downside.



 
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Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

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